Power & Energy News Monthly Archive September 2017

SEP 16 2017

Indias fastest-growing clean energy sector hits an air pocket in new worry for Modi

  • Bloomberg, ETEnergyWorld / New Delhi, 16th September 2017 Published on : 16th September 2017
  • Created:Sat 16th SEP 2017

  ReGen Powertech Pvt., one of India’s top five wind turbine makers, last month shuttered a factory in the northwest city of Udaipur and laid off workers, signaling challenges ...

SEP 16 2017

Indias wind turbine makers mull cuts as auction pace lags

  • Anindhya Upadhyay, Live Mint / New Delhi, 16th September 2017 Published on : 16th September 2017
  • Created:Sat 16th SEP 2017

  ReGen Powertech Pvt., one of India’s top five wind turbine makers, last month shuttered a factory at Udaipur in Rajasthan and laid off workers, signalling challenges roiling ...

SEP 16 2017

Vikram Solar commissions 80-MW plant in Gujarat

  • Our Bureau, The Hindu Business Line / Mumbai, 16th September 2017 Published on : 16th September 2017
  • Created:Sat 16th SEP 2017

  Vikram Solar, one of the largest module manufacturers and solar EPC players, has announced the commissioning of an 80 MW (2x40 MW) solar photovoltaic (PV) power plant for Gujarat ...

SEP 16 2017

Surge in spot power prices unlikely to be sustained: ICRA

  • PTI, The Hindu Business Line / New Delhi, 16th September 2017 Published on : 16th September 2017
  • Created:Sat 16th SEP 2017

  The recent rise in spot energy tariff is unlikely to be sustained amid available surplus thermal capacity, rating agency ICRA said today. “The current increase in spot ...

SEP 16 2017

Government postpones 1 GW wind power auction to October 4

  • PTI, The Financial Express / New Delhi, 16th September 2017 Published on : 16th September 2017
  • Created:Sat 16th SEP 2017

  The government has decided to postpone second wind power auction for 1 GW capacities which was scheduled for September 19 to October 4 in view of some issues about transmission ...

SEP 16 2017

Tariff discount of power companies may lead to Rs 125 crore savings

  • PTI, The Financial Express / New Delhi, 16th September 2017 Published on : 16th September 2017
  • Created:Sat 16th SEP 2017

  The 10 power firms engaged in long-term coal supply contracts have offered tariff discount of up to 4 paise per unit, a move that may result in savings of nearly Rs 125 crore per ...

SEP 15 2017

Fitch expects fuel demand to remain strong at 5%

  • PTI, ETEnergyWorld / Mumbai, 15th September 2017 Published on : 15th September 2017
  • Created:Fri 15th SEP 2017

  The strong demand for oil products will continue and may stay above 5 per cent in the medium term, driven by demand for three key items - petrol, diesel and cooking gas, said a ...

SEP 15 2017

Govt plans larger oil auctions as Narendra Modi pursues import cuts

  • AP, Live Mint / 15th September 2017 Published on : 15th September 2017
  • Created:Fri 15th SEP 2017

  India will offer larger areas with higher oil and natural gas reserves in the next auction of discovered fields later this year as Prime Minister Narendra Modi’s government ...

SEP 15 2017

State Transport Corporation to open retail fuel outlets

  • Our Bureau, The Hindu Business Line / Chennai, 15th September 2017 Published on : 15th September 2017
  • Created:Fri 15th SEP 2017

  The State is on the lookout for land right now and the bidding for retail outlets will begin once the acquisitions are finalised. Mounting ...

SEP 15 2017

BPCL board approves amalgamation with Petronet CCK Ltd

  • Bilal Abdi, ETEnergyWorld / New Delhi, 15th September 2017 Published on : 15th September 2017
  • Created:Fri 15th SEP 2017

  New Delhi: Bharat Petroleum Corp (BPCL), India’s second largest fuel retailer, informed Bombay Stock Exchange (BSE) its board has approved the draft scheme for amalgamation of ...

SEP 15 2017

Coal India plans to become a full-fledged mining company

  • Soumonty Kanungo, Live Mint / Kolkata, 15th September 2017 Published on : 15th September 2017
  • Created:Fri 15th SEP 2017

  Coal India Ltd (CIL) is looking to diversify from its core business of coal extraction and become a full-fledged mining company in a bid to mitigate the growing pressure from ...

SEP 15 2017

India's August Iran oil imports drop to lowest in 18 months

  • Reuters, ETEnergyWorld / New Delhi, 15th September 2017 Published on : 15th September 2017
  • Created:Fri 15th SEP 2017

  India imported 335,400 barrels per day (bpd) oil from Iran in August, the lowest level since February 2016, posting a fall of about 42 percent from a year ago, according to ship ...

SEP 15 2017

Coal India upbeat on thermal-based power generation

  • Our Bureau, The Hindu Business Line / Kolkata, 15th September 2017 Published on : 15th September 2017
  • Created:Fri 15th SEP 2017

  Fuel despatches have gone up keeping in line with increased demand for thermal power generation, said Gopal Singh, Chairman, Coal India, on Thursday. The coal-based ...

SEP 15 2017

Coal prices to stay firm on higher power demand

  • Avishek Rakshik, Business Standard / Kolkata, 15th September 2017 Published on : 15th September 2017
  • Created:Fri 15th SEP 2017

  The prices of coal in the domestic market are unlikely to see any correction in the near future even as international thermal prices are expected to stay subdued. Coal India ...

SEP 15 2017

CCI slaps Rs. 12-cr fine on coal, sand transporters

  • Our Bureau, The Hindu Business Line / New Delhi, 15th September 2017 Published on : 15th September 2017
  • Created:Fri 15th SEP 2017

  The Competition Commission of India has found the conduct and practice of coal and sand transportation companies to be in contravention of the Competition ...

SEP 15 2017

Post-GST, coal consumers to benefit with Rs 6,000 crore savings in taxes

  • IANS, ETEnergyWorld / Kolkata, 15th September 2017 Published on : 15th September 2017
  • Created:Fri 15th SEP 2017

  Consumers are expected to be benefitted by Rs 6,000 crore annual savings with reduction in tax rates after the implementation of the Goods and Services Tax (GST), ...

SEP 15 2017

Vikram Solar commissions 80 Megawatt solar power project in Gujarat

  • PTI, ETEnergyWorld / Mumbai, 15th September 2017 Published on : 15th September 2017
  • Created:Fri 15th SEP 2017

  Energy solutions provider Vikram Solar today said it has commissioned an 80 MW solar PV power project in Gujarat. The 80 MW project has been developed under the Jawaharal ...

SEP 15 2017

Delhi power distribution firm encourages hospitals to opt for solar power

  • PTI, ETEnergyWorld / New Delhi, 15th September 2017 Published on : 15th September 2017
  • Created:Fri 15th SEP 2017

  Power distribution company TPDDL today held a workshop for representatives of hospitals and healthcare centres to encourage them to adopt solar power, a company spokesperson said. ...

SEP 15 2017

Closed hydropower plant of NHPC in Darjeeling is back to life

  • Debasis Sarkar, ETEnergyWorld / Siliguri, 15th September 2017 Published on : 15th September 2017
  • Created:Fri 15th SEP 2017

  After remaining silent for around two months, mainly due to ongoing political unrest, national hydropower giant NHPC’s 160MW TLDP stage IV in Darjeeling hills of northern West ...

SEP 15 2017

MSEDCL acts after frequent power cuts

  • TNN, ETEnergyWorld / Pimpri Chinchwad, 15th September 2017 Published on : 15th September 2017
  • Created:Fri 15th SEP 2017

  The Maharashtra State Electricity Distribution Company Ltd has replaced a transformer in the Khandoba Mal area of Bhosari with a 315KV variety following frequent voltage ...